Truist’s charitable fund will contribute $450,000 to A Home for All, the initiative Mecklenburg County, North Carolina, uses to coordinate government, businesses and nonprofits to prevent and reduce homelessness in the Charlotte area. The bank announced the grant on Oct. 29 in a press release, alongside a volunteer day with other local companies.
Truist notes that the funds will facilitate stable housing connections for a broader population, bolster prevention initiatives, and expand resource accessibility to help vulnerable individuals maintain their residences.
An increasing number of individuals lack shelter
The county’s most recent official Point-in-Time count, conducted on the evening of Jan. 21, 2026, documented 2,018 individuals experiencing homelessness across Charlotte-Mecklenburg. Among them, 499 were residing outdoors, inside vehicles, or within encampments, marking roughly a 12% increase compared to the prior year.
Another 1,519 were housed in emergency shelters, transitional housing, or comparable facilities, reflecting an approximate 8% decline. County officials primarily attribute this decrease to a shortage of available beds, driven by the closure of two modest shelters and a capacity reduction at a larger facility due to financial limitations. Within the sheltered population, 257 minors under the age of 18 were accounted for.
What A Home for All is
A Home for All launched in 2021 and released a strategic framework in January 2022 that tackles homelessness and affordable housing together, developed with more than 250 organizations. United Way of Greater Charlotte incubated the initiative in its first years; since April 2026 the county has led it, with Foundation For The Carolinas raising private funds.
Laura Yates Clark, the foundation’s president and CEO, stated that the grant will assist a greater number of individuals in achieving stable housing while simultaneously boosting awareness regarding the collaborative endeavor required by this issue. County Manager Mike Bryant mentioned that local housing demands necessitate a united strategy, adding that this financial backing will deliver an enduring effect on our most vulnerable residents.
Travis Rhodes, Truist’s North Carolina West regional president, described the grant as part of work with local partners that combines philanthropy, civic leadership and volunteering.
A day of service
For the same day, Truist scheduled Wrapping Charlotte in Care, in which about 100 volunteers from the bank and companies including the Charlotte Hornets and Novant Health were to support local nonprofits such as Roof Above, Charlotte Rescue Mission, Hearts for the Invisible Charlotte Coalition and New Chapter Alliance.
The strategy involved beginning at Kings on Lamar, the transitional housing facility run by Roof Above, before distributing meals, assisting with shower amenities, putting together care packages, handing out roughly 1,000 pairs of brand-new footwear alongside Samaritan’s Feet, and throwing an autumn festival dedicated to families experiencing housing insecurity.
Charlotte-based Truist reports that it has poured upward of $210 million into affordable housing efforts throughout the region starting in 2024, encompassing everything from workforce accommodations to homeownership programs. The financial institution classifies this amount strictly as business investment, distinguishing it from the charitable grants disbursed via the Truist Foundation.